Western Asset High Income Fund II Inc. (NYSE:HIX – Get Free Report) declared a monthly dividend on Wednesday, August 5th. Shareholders of record on Friday, November 20th will be paid a dividend of 0.049 per share by the closed-end fund on Monday, November 30th. This represents a c) annualized dividend and a dividend yield of 15.0%. The ex-dividend date of this dividend is Friday, November 20th.
Western Asset High Income Fund II Stock Down 0.3%
HIX opened at $3.92 on Friday. The stock’s 50 day moving average price is $3.95 and its 200-day moving average price is $4.02. Western Asset High Income Fund II has a one year low of $3.75 and a one year high of $4.40.
Western Asset High Income Fund II Company Profile
Western Asset High Income Fund II (NYSE: HIX) is a closed-end management investment company that seeks to provide high current income by investing primarily in below-investment-grade debt instruments. The fund pursues a diversified portfolio of high-yield corporate bonds, senior loans, mortgage- and asset-backed securities, and emerging-market debt, aiming to generate attractive yield while managing credit and interest rate risk.
The fund may employ leverage through borrowings and the issuance of preferred shares to enhance its income potential.
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